10 how many years does it take to change from rural insurance to social insurance?

Agricultural insurance 10 year is transformed into social insurance 10 year, as follows:

1. Social security guarantees urban employment groups, and agricultural insurance guarantees rural residents groups;

2. The main investor of social security is the employer, and the main investor of agricultural insurance is the government;

Social security is compulsory according to national laws and regulations, and rural insurance is voluntary participation of farmers.

Social insurance is a social and economic system that provides income or compensation for those who lose their ability to work, are temporarily unemployed or suffer losses due to health reasons. The main items of social insurance include endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance.

The amount of pension is calculated according to the average monthly salary of local employees in the previous year, the average individual payment index, the payment period and the amount stored in individual accounts. If the payment period is long, the payment amount is large, and the average payment index is high, the more pensions will be received, which will take 15 years. Therefore, no one can calculate how much pension they can get every month in the future, but the pension they get from participating in employee pension insurance should be several times more than that from rural insurance.

The relationship between agricultural insurance and social security, agricultural insurance is rural endowment insurance, which needs to pay agricultural insurance premiums every year until the age of 60. According to the agricultural insurance premium paid, you can calculate how much pension you can get. The more agricultural insurance premiums are paid, the more pensions we get. If you pay 120 yuan every year, you can get 130 yuan every month at the age of 60, and you need to pay 15 years of social insurance premium. At the age of 60, we can get a pension.

Note: The payment period and social security relationship of the new rural cooperative pension insurance cannot be transferred to the social security employee pension insurance, so we can only stop paying the new rural cooperative pension insurance and simply participate in the employee pension insurance. In the future, you can only choose to refund the payment of the new rural cooperative medical insurance with the employee pension insurance certificate. Usually, you can get a full refund, but some areas have certain requirements on the time of this refund. In some areas, it can be returned in time, and in some areas, it can only be returned after the legal retirement age.

If the insured person is transferred from the old-age insurance for urban workers to the old-age insurance for urban and rural residents, the payment period for participating in the old-age insurance for urban workers shall be calculated as the payment period for the old-age insurance for urban and rural residents; Otherwise, it will not be calculated or converted into the payment period of urban employee pension insurance.

Legal basis:

Article 16 of People's Republic of China (PRC) Social Insurance Law

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age.